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Property profile & analytics

138 Allen St Buffalo, NY 14201-1512

  • Manufacturing properties
  • 44,380 SF
  • 0.11 lot acres
OFF-MARKET
Last Sale
Feb 12, 2020
$497,025
Value Estimations
$510,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-1755058
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Manufacturing properties

Property Details for 138 Allen St

Year built
1936
Lot size
0.11 lot acres
Property size
44,380 SF
Zone code
N-2C
Property type
Manufacturing properties
APN
140200 100.78-1-6
APU
1402001007816

Description

This unique two-and-a-half-story building, situated in Erie County's vibrant Allentown Historic District, offers 4,258 square feet of vacant office space, ideally suited for a variety of uses. Originally constructed between 1870-1893 and extensively renovated in 2022, this historically significant property boasts a blend of original character and modern amenities. The building, featuring brick and wood-frame construction, sits on a 0.52-acre lot and includes 20 parking spaces. The property's N-1C zoning allows for flexible commercial use, making it an excellent opportunity for a retail establishment or restaurant. The building's prime location on Allen Street, between Delaware Avenue and Park Street, ensures high visibility and accessibility, benefiting from heavy foot and vehicle traffic throughout the day and night. The first floor will encompass approximately 4,300 square feet of commercial space, while the upper floors will feature residential units. The renovation is being completed in accordance with the Secretary of the Interior's Standards for Treatment of Historic Properties, preserving and showcasing original historic features. This property presents a rare chance to establish a business in a thriving, historic neighborhood with significant pedestrian and vehicular traffic. The building features one structure with two stories and includes an elevator. The property is a single-tenant space.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $455,000
    ML approach
    $710,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $675,000
    Market price range: $565k - $2.12M
    AI Estimate
    $538,000
    Market price range: $521k - $1.72M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Buffalo
County
Erie
State
New York
Longitude
-78.8752
Latitude
42.8989
CBSA code
15380
CBSA name
BUFFALO-NIAGARA FALLS, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,391
$270,800
$189,200
$460,000
-
$386,857
$270,286
$657,143
More about this property
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